Each Licensed Person shall prepare a manual of policies and procedures in order to ensure compliance with the Law and these Bylaws, and these shall regulate, in particular, the following: 1. The organisational structure of Licensed Person which specifies explicitly the limitations of the authority, capacity and responsibility pertinent to the Board of Directors and executive management and all other various main supporting positions of the Licensed Person. In addition, this will set out the administrative levels and capacities pertaining to approval of entering into transactions, payment of expenses and financial costs and carrying out procedures of ratification of operations and transactions. 2. Monitoring systems and internal control programs. 3. Human resources, training and development. 4. Adherence to fit and proper requirements for Licensed Persons. 5. Conflicts of interest. 6. Separation between activities carried out by the Licensed Person, except for Investment Portfolio management and the establishment and management of Collective Investment Schemes, in a manner that ensures that information does not leak between such activities. 7. Handling Clients’ complaints. 8. Risk management. 9. Anti-Money Laundering and Combating the Financing of Terrorism. 10. Compliance. 11. Standards of professional conduct. 12. Implementation and management of the operations of the licensed activities, including the documentary cycle required to be followed. 13. Emergency plans and ensuring business continuity. 14. Protection of whistleblowers in respect of any unlawful practice of the Licensed Person. 15. Sharia supervision for persons licensed to operate in accordance with the provisions of Islamic Sharia. 16. Any other policies and procedures as required by the Authority. The Licensed Person shall provide the Authority with the manual of policies and procedures, and the Authority may request to have said manual amended to ensure compliance with the laws and regulations in force.